Account Closed
First property tenant in place? questions
Ok so I am closing on my first property by next week and have alot of questions regarding the tenant who is living upstairs. They have been there for 7 years and pay 625 (rent is 725 but does "maintence" on the proper...
Dan Crenshaw
Negligence causes pipes to freeze. Who is at fault?
Every time my tenant would leave, they would turn their heat off (hwbb) to save money. I told them not to do that because you’re not really saving that much AND the cost of a frozen or ruptured pipe is WAY more that w...
Jacob Hanson
HELP! Minneapolis proposal eliminates credit score for screening!
Minneapolis is proposing to not allow landlords to use credit score as a factor for screening tenants. Evictions older than 3 years and felonies over 5 years cannot be used to disqualify candidates either. I'm a new...
Adam Craig
Auction.com seller (bank) backs out of signed contract.
Ive done dozens of Auction.com deals but this was a first.
After being under contract for 50+ days with no contingencies I received and email that the seller for the property I was ready to close on has now backed. A...
Zana Blue
Tenant texted me last night that "he left"
Out of the blue no warning...no other discussion...I didn't have a spare key because my ex property manager took them all ( don't ask) so called my locksmith ...I was really holding my breath as to what I might find.....
Joe Splitrock
How Do I Collect From an Ex-Tenant
I have a tenant that left last October after being in the property for 5 years and there was damage in the property. I was very reasonable about assessing damage and made sure to prorate everything based on useful lif...
Alexandra King
Wholesaling and The Earnest Money Deposit
When putting a property under contract with an Earnest Monday Deposit, is it possible to lose the Earnest Monday Deposit? How do ensure we get it back if we do not find an end buyer?
Sheree H.
would you start eviction over $50? $160?
What would you do with tenants like these?
My tenants in Athens, GA have paid late every month. They never pay the late fees, and we never chased them for it because it wasn't worth the $50 or so. The last mo...
Tracy Coats
Need help structuring this deal....
I have a buyer who is willing to do a lease on his home with option to buy, but he needs 20K of his equity to move. How would you recommend structuring this deal so that he can get his equity, I can get my lease o...
Sally Fairchild
Credit Scores and 30 day rentals
How important is a 600+ credit score when the lease is 30 days to 6 months. If I'm renting to traveling nurses or business people they usually are only there for 30 to 90 days.